Range trading: Cryptocurrencies as of 31/03/2021
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 55943
Long position 2
(the price today will not fall below this mark with a probability of 95%) 54618
Long position 3
(the price today will not fall below this mark with a probability of 99%) 53293
Short position 1
(the price today will not rise above this mark with a probability of 68%) 61570
Short position 2
(the price today will not rise above this mark with a probability of 95%) 62895
Short position 3
(the price today will not rise above this mark with a probability of 99%) 64220
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1757.71
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1712.37
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1667.03
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1918.31
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1963.65
Short position 3
(the price today will not rise above this mark with a probability of 99%) 2008.99
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.5237
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.4955
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.4673
Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.5750
Short position 2
(the price today will not rise above this mark with a probability of 95%) 0.6032
Short position 3
(the price today will not rise above this mark with a probability of 99%) 0.6314
Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren’t 100% guarantee of risk-free trading.
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches the upper (lower) mark, you know that it won’t go above (below) this mark with a particular probability today. Accordingly, you can open a position opposite to the current movement, knowing in advance what the probability is to be profitable.
BTCUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 55943
Long position 2
(the price today will not fall below this mark with a probability of 95%) 54618
Long position 3
(the price today will not fall below this mark with a probability of 99%) 53293
Short position 1
(the price today will not rise above this mark with a probability of 68%) 61570
Short position 2
(the price today will not rise above this mark with a probability of 95%) 62895
Short position 3
(the price today will not rise above this mark with a probability of 99%) 64220
ETHUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 1757.71
Long position 2
(the price today will not fall below this mark with a probability of 95%) 1712.37
Long position 3
(the price today will not fall below this mark with a probability of 99%) 1667.03
Short position 1
(the price today will not rise above this mark with a probability of 68%) 1918.31
Short position 2
(the price today will not rise above this mark with a probability of 95%) 1963.65
Short position 3
(the price today will not rise above this mark with a probability of 99%) 2008.99
XRPUSD
Long position 1
(the price today will not fall below this mark with a probability of 68%) 0.5237
Long position 2
(the price today will not fall below this mark with a probability of 95%) 0.4955
Long position 3
(the price today will not fall below this mark with a probability of 99%) 0.4673
Short position 1
(the price today will not rise above this mark with a probability of 68%) 0.5750
Short position 2
(the price today will not rise above this mark with a probability of 95%) 0.6032
Short position 3
(the price today will not rise above this mark with a probability of 99%) 0.6314
Calculations are based on historical data, and there is no history recurrence on a specific day. We remind you that the indicated probabilities values aren’t 100% guarantee of risk-free trading.
Авторские индикаторы
bit.ly/2oBvkHY
Больше информации на нашем ютьюб-канале
youtube.com/channel/UCYEOurJfasXWyYnrriGwsqQ
bit.ly/2oBvkHY
Больше информации на нашем ютьюб-канале
youtube.com/channel/UCYEOurJfasXWyYnrriGwsqQ
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.